A new survey finds that 27% of "sports parents" are spending $500 or more each month on their children's activities.
There are steps you should take to make sure extracurricular activities don't interfere with your core financial goals, notably your own retirement.Parents are spending more than on their children's sports with the hopes that they will make it to the big leagues. Yet spending more with the hope that your child will make it big could have consequences for your finances, particularly your own retirement.
So is their food and healthcare and college fund.
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